KCG Holdings Inc. increased its stake in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 33.9% during the first quarter, Holdings Channel reports. The fund owned 14,569 shares of the aerospace company’s stock after buying an additional 3,685 shares during the period. KCG Holdings Inc.’s holdings in Kratos Defense & Security Solutions were worth $113,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of KTOS. AWM Investment Company Inc. raised its position in Kratos Defense & Security Solutions by 44.0% in the first quarter. AWM Investment Company Inc. now owns 1,440,000 shares of the aerospace company’s stock valued at $11,203,000 after buying an additional 440,000 shares during the last quarter. Morgan Stanley raised its position in Kratos Defense & Security Solutions by 8.9% in the first quarter. Morgan Stanley now owns 205,038 shares of the aerospace company’s stock valued at $1,596,000 after buying an additional 16,677 shares during the last quarter. RMB Capital Management LLC acquired a new stake in Kratos Defense & Security Solutions during the first quarter valued at $453,000. Geode Capital Management LLC boosted its stake in Kratos Defense & Security Solutions by 43.4% in the first quarter. Geode Capital Management LLC now owns 580,932 shares of the aerospace company’s stock valued at $4,519,000 after buying an additional 175,879 shares during the period. Finally, Vanguard Group Inc. boosted its stake in Kratos Defense & Security Solutions by 24.0% in the first quarter. Vanguard Group Inc. now owns 2,760,941 shares of the aerospace company’s stock valued at $21,480,000 after buying an additional 534,190 shares during the period. Institutional investors and hedge funds own 74.57% of the company’s stock.

Kratos Defense & Security Solutions, Inc. (NASDAQ KTOS) traded up 0.9047% during midday trading on Friday, reaching $12.2246. The company’s stock had a trading volume of 395,306 shares. The firm’s market cap is $1.06 billion. The company’s 50-day moving average is $11.89 and its 200 day moving average is $9.52. Kratos Defense & Security Solutions, Inc. has a 12-month low of $5.23 and a 12-month high of $12.91.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last posted its earnings results on Thursday, July 27th. The aerospace company reported $0.01 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.02. The company had revenue of $185.70 million during the quarter, compared to analyst estimates of $172.78 million. Kratos Defense & Security Solutions had a negative return on equity of 1.40% and a negative net margin of 6.29%. Kratos Defense & Security Solutions’s revenue was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.01 earnings per share. Equities analysts forecast that Kratos Defense & Security Solutions, Inc. will post $0.10 earnings per share for the current year.

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Several research firms have weighed in on KTOS. BidaskClub upgraded Kratos Defense & Security Solutions from a “buy” rating to a “strong-buy” rating in a report on Thursday, July 13th. SunTrust Banks, Inc. cut Kratos Defense & Security Solutions from a “buy” rating to a “hold” rating and set a $12.00 price objective for the company. in a report on Friday, July 14th. Zacks Investment Research cut Kratos Defense & Security Solutions from a “buy” rating to a “hold” rating in a report on Thursday, July 20th. B. Riley reiterated a “buy” rating and issued a $16.00 price objective on shares of Kratos Defense & Security Solutions in a report on Friday, July 28th. Finally, Noble Financial set a $14.00 price objective on Kratos Defense & Security Solutions and gave the stock a “buy” rating in a report on Friday, July 28th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $12.46.

In other Kratos Defense & Security Solutions news, CEO Eric M. Demarco acquired 8,905 shares of the firm’s stock in a transaction dated Monday, August 7th. The stock was purchased at an average price of $11.19 per share, for a total transaction of $99,646.95. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 23.20% of the company’s stock.

Kratos Defense & Security Solutions Company Profile

Kratos Defense & Security Solutions, Inc is a technology, intellectual property and proprietary product and solution company focused on the United States and its allies’ national security. The Kratos Government Solutions segment includes the operations of Defense Rocket Support Services, Microwave Electronics Division, Technical and Training Solutions, and Modular Systems, which provide technology-based defense solutions, involving products and services, with the focus relating to the nation’s Command, Control, Communications, Computing, Combat Systems, Intelligence, Surveillance and Reconnaissance requirements.

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Institutional Ownership by Quarter for Kratos Defense & Security Solutions (NASDAQ:KTOS)

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